Home GRASP/China China fines vaccine maker $1.3bn after scandal

China fines vaccine maker $1.3bn after scandal

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Changchun Changsheng Life Sciences Ltd is stripped of its licenses for falsifying records
Chinese authorities have ordered a fine and asset seizure totalling $1.3bn against a pharmaceutical company for falsifying production records in a faulty rabies vaccine scandal .
Changchun Changsheng Life Sciences Ltd, which was ordered in July to suspend production, was also stripped of its licences to make vaccines and drugs, the China National Drug Administration (CNDA) announced on Tuesday.
The company based in China ‘s northeast Jilin province used expired materials, mixed different batches of products and failed to test them properly, according to Tuesday’s announcement.
It also said the company destroyed records to conceal its misconduct.

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